The Motherhood Penalty Needs to Be Overturned

"Governments especially in Europe are increasingly being more and more influenced by childless politicians and activists who have the infinite free time to push their agenda, while those with families are far too busy and too economically fragile to fight back."

The World’s Most Powerful Reserve Currencies

Today, the U.S. dollar is the world’s most powerful reserve currency, making up over 61% of foreign reserves. The dollar gets an extensive network effect from its use abroad, and this translates into several advantages for the multi-trillion dollar U.S. economy.

Ranked: The Megaregions Driving the Global Economy

If you’ve ever flown cross-country in a window seat, chances are, the bright lights at night have caught your eye. From above, the world tells its own story—as concentrated pockets of bright light keep the world’s economy thriving. Today’s visualization relies on data compiled by CityLab researchers to identify the world’s largest megaregions. The team defines megaregions as: Areas of continuous light, based on the latest night satellite imagery Capturing metro areas or networks of metro areas, with a combined population of 5 million or higher Generating economic output (GDP) of over $300 billion, on a PPP basis The satellite imagery comes…

Stock Prices Are Plunging, and Many Fear This Could Be Another “Black October” for the Stock Market

Today, we are facing a global economic slowdown, an impeachment crisis in Washington and a rapidly escalating trade war simultaneously, and it seems like almost everyone on Wall Street is suddenly talking about “the coming recession”.  In such an environment, any piece of bad news is going to push stocks lower, and that is certainly what happened on Wednesday…

Japan and Germany Hysterically Race to Shut Down Nuclear Power (and Their Sovereignty)

For those in Japan and Germany celebrating that the exit from nuclear is providing an opportunity to embrace solar and wind energy, a sad slap of reality has also occurred. Not only have energy costs skyrocketed wherever green energies been built, but the toxic waste caused by those photovoltaic cells far outpaces anything produced by the dirtiest nuclear reactor.

China as a Superpower: Erico Tavares Interviews Toshi Yoshihara

Dr. Toshi Yoshihara is a Senior Fellow at the Center for Strategic and Budgetary Assessments (CSBA) in Washington, D.C. Prior to joining CSBA, he held the John A. van Beuren Chair of Asia-Pacific Studies and was an affiliate member of the China Maritime Studies Institute at the Naval War College, where he taught strategy for ten years. He is the co-author of Red Star over the Pacific: China’s Rise and the Challenge to U.S. Maritime Strategy, Indian Naval Strategy in the Twenty-first Century andChinese Naval Strategy in the 21st Century: The Turn to Mahan. He is also co-editor of Strategy in the Second…

The Illusion of Rigor: Why Japanese Schools Outperform their Western Counterparts

International comparisons of mathematics achievement were begun in 1964 by the International Association for the Evaluation of Educational Achievement (IEA). Over a period of almost four decades, the highest achieving systems have been Japan, and, as they successively joined the study, Korea, Singapore, Hong Kong and Taiwan. In 1964, Japan was virtually tied with Israel for first place and retained that rank on the Second International Mathematics Study (SIMS) in 1981, while Israel had dropped to 12th place. In 1995, on the Third International Math and Science Study (TIMSS), Japan had dropped to 3rd place and then to 5th place…

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